The Denver Nuggets have exercised the third-year options on F Kenneth Faried and G/F Jordan Hamilton for 2013-14, Executive Vice President of Basketball Operations Masai Ujiri announced today.

Faried, the 22nd overall pick of the 2011 NBA Draft, averaged 10.2 points and 7.7 rebounds as a rookie in 2011-12 and earned a spot on the NBA All-Rookie First Team. Faried also was named Western Conference Rookie of the Month for April.

He is averaging 11.0 points and 5.8 rebounds in five preseason games.

Hamilton, the 26th overall pick in 2011, averaged 4.4 points and 2.4 rebounds in 26 games as s rookie. He is averaging 12.3 points in three preseason games.

Hamilton was acquired from the Dallas Mavericks as part of a three-team trade involving the Portland Trail Blazers on June 23, 2011.